CryptoQuant Founder: Ethereum's future depends on how much income Web3 applications can generate through stablecoins
Bitget2024/11/20 05:31
Bitget news, CryptoQuant founder Ki Young Ju posted on X platform saying that,In my view, Ethereum's future depends on how much revenue Web3 apps can generate through stablecoins. This issue doesn’t seem likely to be resolved anytime soon, and the ecosystem feels heavily leveraged. Over a 1-year timeframe, I find it less appealing than #Bitcoin, but it could gain appeal as regulations take shape. Long-term perspectives may differ, so take this as just my opinion. I’m a Bitcoin expert, not an Ethereum expert.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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